Benefits of Team Building

o-TEAM-BUILDING-facebookAs a business advisor, a common question I’m often asked is if team-building activities are actually important. The answer is a resounding yes. You may not realize it, but you may be doing yourself a disservice as a business owner by not taking the time to focus on building the strength of the relationships between your team members.

It is no secret that a cohesive team of employees leads to greater success for any business. Why exactly? I’ve outlined below a few key benefits of team building that are worth considering:

  • Increased Trust
    • When you have a team that is constantly working together, a mutual trust between all employees will make every process much smoother. Employees are able to depend on one another and become more productive as a result of trust.
  • Greater Communication
    • A team that can’t communicate will never get anywhere fast. While everyone has different styles of communicating, understanding these differences will make your team more efficient and better functioning overall.
  • Greater Collaboration
    • An “every man for themselves” mentality is detrimental to a successful team. Creating strong bonds between your employees will help them realize the interdependency of the team and appreciate the collaborative opportunities available to them.
  • Easier Conflict Resolution
    • Team building is a great way for your employees to get to know one another on a more personal level. With large groups, you’re bound to have varying personalities, and team-building activities are the best way to become accustomed to each other’s dispositions.

There are a variety of team building activities to choose from that focus on these specific outcomes. While you try to make team-building fun, you want to ensure that the takeaways of the activities directly influence your employees working environment, so your team members recognize the benefits of participating.

As a business owner, it is vital to pay attention to your employees and understand what team dynamics they may be lacking, and react accordingly, after all your employees are the core of any successful business.

What is your favourite team building activity, and how did it influence your team dynamic? Share your experiences with me in the comments!

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Are You Self-Employed or a Business-Owner?

the_office_30529Are you self-employed or do you consider yourself a business owner? The difference between these two titles is often difficult to navigate, as it can be much more than the amount of people you employ. While neither title is more accomplished than the other, you may want to ask yourself “what do I really want to be doing in my role in the coming years?” Do you want to continue to grow your tactical skills set, or manage those who carry out the work of your business?

As I have discussed in many of my previous blogs, owning your own business regardless takes discipline, hard work, but most importantly, direction.  Clarifying what type of business will help you in creating your vision and setting the stage for growth plans moving forward.

I’ve outlined below two sets of questions, aimed at helping you bring clarity to your business.  Try to keep track of how many you answer “yes” or “no” to so you can tally your sores at the end of the exercise.

1.

Did you require an investment to begin your business?

Could your business run for a month without you?

Do you require formal marketing and promotion to gain new clients?

Is your role focused around expanding your business?

Is having an office space required for running your business?

2.

Is your location flexible? Mobile?

Do you make decisions around demands of your industry?

Are you carrying out the work of your business yourself?

Do you trade hours for dollars?

Does business run according to the output of your skills?

Do you harvest multiple business opportunities and tasks?

If you answered, “yes” to more questions in Set #1, you consider yourself to be more of a business owner, where you are taking steps to grow your business and have it run independently of your direct effort. If you answered, “yes” to more questions in Set #2, you may consider yourself to be self-employed and prefer to hone your craft and increase your skills set to reach your audience.

Whether you are a business owner or self-employed, what kind of role do you want to play in your business in years to come? Would you like to eventually be more hands-off? Or continue to be the driving force behind your business’s success? I look forward to your thoughts below!